Article

What is Vendor Risk Management (VRM)? The Definitive Guide

Vendor risk management (VRM), a part of vendor management, identifies, analyzes, monitors, and mitigates the risks that third-party vendors might pose to your organization. Such risks could ...
September 22, 2022
Article

IRM, ERM, and GRC: Is There a Difference?

The various niches of risk management have become a veritable alphabet soup of acronyms. The advent of the digital age is partly to blame. Virtually every organization is "going digital" ...
August 24, 2022
Article

Important KPIs for Successful Vendor Management

Every risk management program should include risks posed by your vendors. Beware, however: vendor risk management is a complex process unto itself, requiring ongoing monitoring and measureme ...
August 24, 2022
Article

5 Steps to Implement Enterprise Risk Management (ERM)

Enterprise risk management (ERM) is critical for success in the modern business landscape. Your ERM program should encompass all aspects of risk management and response in all business proce ...
August 18, 2022
Article

What Does a Compliance Management System Look Like?

Automated tools allow your compliance management system (CMS) to work effectively. That said, a CMS is less technology unto itself and more like a corporate compliance program, where multipl ...
August 15, 2022
Article

Strategies for Digital Risk Protection

No lock has ever been invented that was completely secure; if an intruder is determined to get in, he or she can usually find a way. So it is for houses and buildings - and the same princ ...
April 4, 2022
Article

Risk Assessment vs Risk Analysis

Although people often use the words "assess" and "analyze" interchangeably, the terms are not synonymous in risk management. Each one has a specific meaning, and the distinction between the ...
April 4, 2022
Article

Internal Controls & Fraud Prevention

Fraud is a constant concern for businesses and other corporate organizations everywhere. According to PwC's Global Economic Crime and Fraud Survey 2020, 47 percent of U.S. companies had expe ...
March 24, 2022
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